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In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 18, 494, Wilmslow Road, Manchester has an estimated sale value of £155,736 and an estimated rental value of £900 per month, assuming reasonable condition and based on the information available.
The apartment sits within 494, Wilmslow Road, Manchester, M20.
Wilmslow Road, Manchester, M20 lies in the borough of Manchester, within the M20 postal district.
Flat 18, 494, Wilmslow Road, Manchester has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Flat 18, 494, Wilmslow Road, Manchester would be worth £163,523, with a potential rental value of £945 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £144,835, with a rental value of £837 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 18, 494, Wilmslow Road, Manchester has climbed by £2,529 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £46 (5.1%). The property's estimated gross yield is currently 6.9%.
Flat 18, 494, Wilmslow Road, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Sep 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Flat 18, 494, Wilmslow Road, Manchester last changed hands on 28th February 2019, selling for £125,375. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 35.2% since February 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of Flat 18, 494, Wilmslow Road, Manchester across the last 2 years.
Most recently, Flat 17, 494, Wilmslow Road, Manchester, M20 3BP, a leasehold flat, sold at £160,000 on the 24th May 2023.
Read more about house prices in M20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 18, 494, Wilmslow Road, Manchester as the 1260th largest and the 1193rd most expensive of the 1288 addresses on Wilmslow Road, Manchester, M20.
Against the M20 postcode district average, it is £237k less expensive than the typical property.
Mauldeth Road station is the nearest stop to Flat 18, 494, Wilmslow Road, Manchester at 1.3 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 18, 494, Wilmslow Road, Manchester, 55.4% of property is privately rented and 22.3% is socially rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 18, 494, Wilmslow Road, Manchester, 43.8% of residents are recorded as possessing school level qualifications and 41.2% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 18, 494, Wilmslow Road, Manchester, the average age was 34.6 and the most common age was 22.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 18, 494, Wilmslow Road, Manchester, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 18, 494, Wilmslow Road, Manchester, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.